Mid American Wealth Advisory Group Inc. Invests $37,000 in Schwab Fundamental U.S. Large Company ETF $FNDX

Mid American Wealth Advisory Group Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDXFree Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,527 shares of the company’s stock, valued at approximately $37,000.

Several other institutional investors and hedge funds also recently bought and sold shares of FNDX. Boulay Financial Advisors LLC grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 36.1% in the second quarter. Boulay Financial Advisors LLC now owns 8,538,518 shares of the company’s stock valued at $195,005,000 after purchasing an additional 2,266,989 shares in the last quarter. McAdam LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF by 2.3% in the 2nd quarter. McAdam LLC now owns 8,268,173 shares of the company’s stock worth $202,901,000 after purchasing an additional 182,584 shares during the period. Signature Estate & Investment Advisors LLC grew its holdings in Schwab Fundamental U.S. Large Company ETF by 5.5% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 7,821,721 shares of the company’s stock valued at $191,945,000 after buying an additional 404,499 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 31.9% during the first quarter. Ameriprise Financial Inc. now owns 7,764,205 shares of the company’s stock valued at $183,321,000 after buying an additional 1,878,599 shares during the period. Finally, Glassman Wealth Services increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 0.7% during the first quarter. Glassman Wealth Services now owns 4,546,703 shares of the company’s stock valued at $107,348,000 after buying an additional 31,941 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Up 1.1%

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $26.49 on Tuesday. The company’s 50-day moving average price is $25.96 and its 200-day moving average price is $24.53. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $26.66. The company has a market cap of $20.87 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00.

About Schwab Fundamental U.S. Large Company ETF

(Free Report)

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.

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Institutional Ownership by Quarter for Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

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